347 Erb Street
Waterloo, N2L 1W4
FOR SALE
$563,900

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Sale Of Business
CATEGORY3,020 Sq Ft
RETAIL AREAX12500618
MLSIDContact Us
Property Description
Amazing Convenience Store Business For Sale with High Volume Sales. Higher than industry profit margins with no close competition. Located in a convenient plaza within minutes of the University of Waterloo. Large 3020 sq ft lease area. Average Monthly Revenue Without Lottery/Scratch Approx $85,000(Cig 40-45%, @ 16%Avg Mrgn). Lotto Comn $2400/Month, Other Income $1450/Mth, New Long Lease 5+5+5+5, Rent $9400/Mth Incl T&I.All Records Available For Verification Upon Acceptance of Conditional Offer. Store Hours M-Sat 7.30-9.30, Sun 8-8.Increased Beer and Wine Sales. New Freezer/Cooler (2024), New HVAC (2024)
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Property Details
Address
347 Erb Street
City
Postal Code
N2L 1W4
Property Type
Sale Of Business, Sale Of Business
Use
Without Property
Zoning
Commercial
Lot Size
251' x 195'
Retail Area
3,020 Sq Ft
Acreage
49,025.9 Feet
Taxes
$2,023 (2025
Heat Type
Gas Forced Air Closed
Water
Municipal
Garage Type
Plaza
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Listing contracted with Royal Lepage Ignite Realty
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